PRICESMART
a core focus , with a continual effort to minimise environmental impact across all supply chain activities .
Vishwanath Krishnamoorthy , AVP , Global Logistics , Planning , Process and Optimisation at PriceSmart , says : “ Fostering strong cross-functional collaboration will help us understand the synergy between channels and integrate our supply chain strategies with broader business objectives . We aim to deliver exceptional value to our members while supporting PriceSmart ’ s growth , innovation and commitment to a sustainable future in a dynamic market .”
How does PriceSmart view the role of supply chain design and the decisions it makes for business ? At PriceSmart , supply chain design is integral to business strategy . It is viewed not just as a logistical necessity but as a key driver of its competitive advantage . Effective supply chain design allows the company to optimise its operations , reduce costs and improve service levels , which in turn enhances its ability to deliver value to its members .
Vishwanath adds : “ Our approach to supply chain design is deeply datadriven and aligned with our long-term strategic vision . By leveraging modelling techniques and technologies such as Coupa , we are able to run models to simulate impact before implementation . This allows us to adapt to market changes swiftly and continue to thrive in a highly competitive environment .”
There is an emphasis on crossfunctional collaboration to integrate
“ We aim to deliver exceptional value to our members while supporting PriceSmart ’ s growth , innovation and commitment to a sustainable future in a dynamic market ”
VISHWANATH KRISHNAMOORTHY AVP , GLOBAL LOGISTICS , PLANNING , PROCESS AND OPTIMISATION , PRICESMART
supply chain strategies with broader business objectives . This holistic approach not only drives efficiency and innovation but also ensures the business can respond effectively to evolving market demands and operational challenges .
Common challenges in supply chain design , modelling and optimisation at PriceSmart include managing complexity , ensuring data accuracy and adapting to market changes . These challenges are addressed by employing advanced modelling techniques and simulation tools to visualise and analyse different aspects of the supply chain . Data accuracy is maintained through data governance practices and regular audits to ensure reliability . PriceSmart stays abreast of best practices , market trends and new tool functionalities , allowing
232 October 2024